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Glencore and the Zinc Challenge: A Vision of the Future of Production and Costs
Glencore, one of the world's leading commodities giants, is facing new challenges in its zinc division, particularly due to the expansion of the Zhairem operation, part of its Kazzinc business in Kazakhstan. On Wednesday, during a conference with investors, the...
Qatar Aluminium Manufacturing Company: Performance Analysis in the First Half of 2024
Qatar Aluminium Manufacturing Company Q.P.S.C. (QAMCO), a 50/50 partner in the Qatar Aluminium Company (Qatalum) joint venture, reported a net profit of QR237 million for the six months ended 30 June 2024. Earnings per share (EPS) stood at QR0.042. After a 2023 and...
The European and US HRC Hot Rolled Steel Market: Between Stagnation and Shades of Recovery
The hot rolled coil (HRC) steel market in Europe (Eu) and the United States (US) is currently in a period of uncertainty, with different but interconnected dynamics. The summer events on the two continents show a complex picture, where seasonal, geopolitical and...
The Impact of Increased Imports of Aluminium Ingots into India
India recorded a 60% increase in imports of alloyed aluminium ingots in the first half of 2024, reaching around 112,158 tonnes compared to 70,780 tonnes in the same period of 2023. These ingots accounted for a significant portion of the country's semi-finished...